Most-Downgraded StocksMost-DowngradedNASDAQ:ZS Zscaler (ZS) Stock Forecast, Price & News $135.48 +0.76 (+0.56%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$131.57▼$136.0150-Day Range$87.00▼$134.7252-Week Range$84.93▼$194.21Volume4.05 million shsAverage Volume2.91 million shsMarket Capitalization$19.66 billionP/E RatioN/ADividend YieldN/APrice Target$165.29 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Zscaler MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside22.0% Upside$165.29 Price TargetShort InterestHealthy9.48% of Float Sold ShortDividend StrengthN/ASustainability-0.86Upright™ Environmental ScoreNews Sentiment0.53Based on 16 Articles This WeekInsider TradingSelling Shares$1.75 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.19) to ($1.13) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsComputer And Technology Sector237th out of 621 stocksCustom Computer Programming Services Industry13th out of 28 stocks 3.3 Analyst's Opinion Consensus RatingZscaler has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 20 buy ratings, 14 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $165.29, Zscaler has a forecasted upside of 22.0% from its current price of $135.48.Amount of Analyst CoverageZscaler has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted9.48% of the float of Zscaler has been sold short.Short Interest Ratio / Days to CoverZscaler has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Zscaler has recently decreased by 4.19%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldZscaler does not currently pay a dividend.Dividend GrowthZscaler does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreZscaler has received a 46.53% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity assesment software", "Firewall software", and "Secure connectivity software" products. See details.Environmental SustainabilityThe Environmental Impact score for Zscaler is -0.86. Previous Next 2.5 News and Social Media Coverage News SentimentZscaler has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Zscaler this week, compared to 9 articles on an average week.Search InterestOnly 68 people have searched for ZS on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows30 people have added Zscaler to their MarketBeat watchlist in the last 30 days. This is an increase of 36% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Zscaler insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,752,637.00 in company stock.Percentage Held by Insiders19.80% of the stock of Zscaler is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.33% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Zscaler are expected to grow in the coming year, from ($1.19) to ($1.13) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Zscaler is -59.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Zscaler is -59.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioZscaler has a P/B Ratio of 33.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Zscaler (NASDAQ:ZS) StockZscaler, Inc. engages in the provision of a cloud-based internet security platform. It offers Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience. The company was founded by Jagtar Singh Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.Read More Receive ZS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Zscaler and its competitors with MarketBeat's FREE daily newsletter. Email Address ZS Stock News HeadlinesMay 11, 2023 | marketbeat.comZScaler's Pre-Announcement Gets Cybersecurity Rally Started (ZS)ZScaler's pre-announcement of Q3 results and full-year revenue kicked off a cybersecurity rally. Fortinet, Palo Alto Networks, and Verisign are among gainers.May 4, 2023 | marketbeat.com3 Underperforming Nasdaq 100 Stocks Worth a Closer Look (ZS)Given the volatility and growth potential associated with the Nasdaq’s elite, investors may want to keep these recent underperformers on the watch list.May 31, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 30, 2023 | benzinga.comZscaler Unusual Options Activity For May 30May 30, 2023 | finance.yahoo.comIs Zscaler (ZS) Likely to Surpass Q3 Earnings Estimates?May 30, 2023 | americanbankingnews.comZscaler (ZS) to Release Earnings on ThursdayMay 28, 2023 | americanbankingnews.comZscaler (NASDAQ:ZS) Price Target Cut to $165.00May 26, 2023 | msn.comBaird Maintains Zscaler (ZS) Outperform RecommendationMay 31, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 26, 2023 | benzinga.comLooking At Zscaler's Recent Unusual Options ActivityMay 26, 2023 | markets.businessinsider.comZscaler (ZS) Gets a Buy from Robert W. BairdMay 24, 2023 | finance.yahoo.comZscaler stock surges on upbeat earnings preview, full-year forecastMay 23, 2023 | finance.yahoo.comShould You Buy Zscaler (ZS) Ahead of Earnings?May 16, 2023 | finance.yahoo.comMidday movers: PacWest, Zscaler, Tyson Foods and moreMay 16, 2023 | finance.yahoo.comZscaler Appoints Syam Nair as Chief Technology Officer to Accelerate Innovation and Product DevelopmentMay 14, 2023 | americanbankingnews.comZscaler, Inc. Expected to Post Q3 2023 Earnings of ($0.43) Per Share (NASDAQ:ZS)May 13, 2023 | americanbankingnews.comBarclays Cuts Zscaler (NASDAQ:ZS) Price Target to $127.00May 12, 2023 | finance.yahoo.comWhy Zscaler, Snowflake, and Datadog Surged This WeekMay 12, 2023 | americanbankingnews.comZscaler's (ZS) "Maintains" Rating Reiterated at 888May 12, 2023 | americanbankingnews.comZscaler (NASDAQ:ZS) Price Target Raised to $120.00May 12, 2023 | americanbankingnews.comZscaler (NASDAQ:ZS) Price Target Increased to $148.00 by Analysts at CitigroupMay 11, 2023 | finance.yahoo.comWhy Zscaler (ZS) Could Beat Earnings Estimates AgainMay 11, 2023 | finance.yahoo.comZscaler (ZS) Updates Zscaler Digital Experience SolutionMay 11, 2023 | americanbankingnews.comCitigroup Boosts Zscaler (NASDAQ:ZS) Price Target to $148.00May 11, 2023 | americanbankingnews.comZscaler (NASDAQ:ZS) Sees Large Volume Increase on Analyst UpgradeMay 10, 2023 | msn.comWhy Zscaler, Datadog, and Wix Stocks All Rallied Wednesday MorningMay 10, 2023 | msn.comZscaler surges 7% as investors continue to pour in after strong Q3 results, guidanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ZS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Zscaler and its competitors with MarketBeat's FREE daily newsletter. Email Address ZS Company Calendar Last Earnings3/02/2023Today5/31/2023Next Earnings (Confirmed)6/01/2023Fiscal Year End7/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ZS CUSIPN/A CIK1713683 Webwww.zscaler.com Phone(408) 533-0288FaxN/AEmployees4,975Year Founded2007Price Target and Rating Average Stock Price Forecast$165.29 High Stock Price Forecast$268.00 Low Stock Price Forecast$115.00 Forecasted Upside/Downside+24.4%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage35 Analysts Profitability EPS (Most Recent Fiscal Year)($2.29) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-390,280,000.00 Net Margins-24.08% Pretax Margin-23.31% Return on Equity-50.58% Return on Assets-9.30% Debt Debt-to-Equity Ratio2.16 Current Ratio2.01 Quick Ratio2.01 Sales & Book Value Annual Sales$1.09 billion Price / Sales17.68 Cash FlowN/A Price / Cash FlowN/A Book Value$4.04 per share Price / Book32.90Miscellaneous Outstanding Shares145,120,000Free Float116,386,000Market Cap$19.29 billion OptionableOptionable Beta0.85 Social Links Key ExecutivesJagtar Singh ChaudhryChairman & Chief Executive OfficerDali RajicChief Operating OfficerRemo E. CanessaChief Financial OfficerPatrick FoxhovenEVP & Chief Innovation OfficerPraniti LakhwaraChief Information OfficerKey CompetitorsVeriSignNASDAQ:VRSNEPAM SystemsNYSE:EPAMWiproNYSE:WITAmdocsNASDAQ:DOXAspen TechnologyNASDAQ:AZPNView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 8,961 shares on 5/26/2023Ownership: 0.083%Empower Advisory Group LLCBought 3,226 shares on 5/25/2023Ownership: 0.002%Toroso Investments LLCBought 2,359 shares on 5/23/2023Ownership: 0.002%Seaport Global Advisors LLCBought 805 shares on 5/23/2023Ownership: 0.001%EMC Capital ManagementBought 2,000 shares on 5/22/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ZS Stock - Frequently Asked Questions Should I buy or sell Zscaler stock right now? 35 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 14 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ZS shares. View ZS analyst ratings or view top-rated stocks. What is Zscaler's stock price forecast for 2023? 35 Wall Street analysts have issued 12-month target prices for Zscaler's stock. Their ZS share price forecasts range from $115.00 to $268.00. On average, they predict the company's share price to reach $165.29 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View analysts price targets for ZS or view top-rated stocks among Wall Street analysts. How have ZS shares performed in 2023? Zscaler's stock was trading at $111.90 at the beginning of 2023. Since then, ZS stock has increased by 19.9% and is now trading at $134.18. View the best growth stocks for 2023 here. When is Zscaler's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023. View our ZS earnings forecast. How can I listen to Zscaler's earnings call? Zscaler will be holding an earnings conference call on Thursday, June 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Zscaler's earnings last quarter? Zscaler, Inc. (NASDAQ:ZS) issued its quarterly earnings data on Thursday, March, 2nd. The company reported ($0.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.43) by $0.08. The firm had revenue of $387.60 million for the quarter, compared to analysts' expectations of $363.80 million. Zscaler had a negative net margin of 24.08% and a negative trailing twelve-month return on equity of 50.58%. What ETFs hold Zscaler's stock? ETFs with the largest weight of Zscaler (NASDAQ:ZS) stock in their portfolio include Spear Alpha ETF (SPRX), Global X Cybersecurity ETF (BUG), TrueShares Technology, AI & Deep Learning ETF (LRNZ), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), ETFMG Prime Cyber Security ETF (HACK), WisdomTree Cybersecurity Fund (WCBR), iShares Cybersecurity and Tech ETF (IHAK) and Global X Cloud Computing ETF (CLOU). What guidance has Zscaler issued on next quarter's earnings? Zscaler updated its third quarter 2023 earnings guidance on Monday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $415.00 million-$419.00 million, compared to the consensus revenue estimate of $397.42 million. What is Jay Chaudhry's approval rating as Zscaler's CEO? 684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Zscaler own? Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD). When did Zscaler IPO? (ZS) raised $110 million in an IPO on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers. What is Zscaler's stock symbol? Zscaler trades on the NASDAQ under the ticker symbol "ZS." Who are Zscaler's major shareholders? Zscaler's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (2.87%), WestBridge Capital Management LLC (1.38%), First Trust Advisors LP (1.28%), Champlain Investment Partners LLC (1.06%), Geode Capital Management LLC (0.86%) and Renaissance Technologies LLC (0.84%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View institutional ownership trends. How do I buy shares of Zscaler? Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Zscaler's stock price today? One share of ZS stock can currently be purchased for approximately $134.18. How much money does Zscaler make? Zscaler (NASDAQ:ZS) has a market capitalization of $19.47 billion and generates $1.09 billion in revenue each year. The company earns $-390,280,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis. How many employees does Zscaler have? The company employs 4,975 workers across the globe. How can I contact Zscaler? Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com. This page (NASDAQ:ZS) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Zscaler, Inc. 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